Japan Tobacco quarterly profit jumps

TOKYO (MarketWatch) Japan Tobacco Inc. on Monday reported a 67% jump in net profit for the fiscal third quarter from a year earlier, when domestic tobacco sales were hit by a tax hike.
The world's third-largest tobacco company by sales volume after Philip Morris International Inc. (PM) and British American Tobacco PLC (BTI), generated a net profit of Y64.5 billion in the October-December quarter from a Y38.6 billion profit in the same period a year earlier. Continued